The 22-year-old moved to Bushwick, Brooklyn, after finishing his studies at New York University and is now learning what it’s like to pay his own way without the help of his famous parents.

“I think he loves the freedom. He hates paying his own rent and he’s chronically poor,” Ripa said on “Jimmy Kimmel Live!” of her oldest child. “I don’t think he ever really experienced extreme poverty like now.”

Michael grew up in the family’s swanky penthouse — which they sold in 2014 for $20 million — in New York’s Soho neighborhood before they all moved to a $27 million townhouse on the Upper East Side.

As proof that Michael didn’t used to count dollars and cents, the morning show host, 49, said he never used to care about the $20 his grandparents would send him in an annual Halloween card, but now is jonesing for the snail mail.

“Now that he’s living on his own, he’s called three times, ‘Halloween envelope arrived?’ Just so he can have electricity,” Ripa said. “He’s experiencing being an adult.”

Ripa takes home about $20 million per year for “Live With Kelly and Ryan,” according to Forbes.

Kelly and Mark are also parents to Lola Consuelos, who started at NYU in late August, and younger son Joaquin Consuelos.